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Why Higher Unemployment Means More Home Buying Power

July 7th, 2009 · Comments Off on Why Higher Unemployment Means More Home Buying Power

Last week’s jobs report is the latest data point to drag down rates for today’s home buyers and would-be refinancers. As reported by the government, the national Unemployment Rate rose to 9.5 percent in June — a 25-year high. As the percentage of out-of-work Americans grows, households have less disposable income to pump back into the […]

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